secwatch.observer — SEC 8-K summary
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Issuer:     ADTRAN Holdings, Inc. (ADTN)
CIK:        0000926282
Form:       8-K
Filed at:   2023-08-07T23:59:59+00:00
Accession:  0001193125-23-204377
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ADTRAN Q2 revenue $327.4M (+90% YoY), net loss $33.3M; Q3 guidance well below consensus
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- Q2 GAAP revenue $327.4M, up 90% YoY; net loss $33.3M, diluted EPS -$0.43.
- Non-GAAP net income $0.1M, EPS $0.00, down 99% YoY.
- Q3 GAAP revenue guidance $275-305M, 11-20% below analyst consensus of $342M.
- Q3 non-GAAP op margin guidance -5% to 0%, versus consensus 3.7%.
- Board declared $0.09 quarterly dividend, payable Sept 5, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/926282/000119312523204377/0001193125-23-204377-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/926282/000119312523204377/d515639d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-204377

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